Rubicon Minerals (TSE:RMX) Share Price Passes Below Fifty Day Moving Average of $1.79

Rubicon Minerals Corp. (TSE:RMX)’s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.79 and traded as low as C$1.79. Rubicon Minerals shares last traded at C$1.79, with a volume of 363,390 shares trading hands.

Rubicon Minerals Stock Performance

The company’s 50 day moving average is C$1.79. The company has a market capitalization of C$171.49 million and a price-to-earnings ratio of -6.91. The company has a debt-to-equity ratio of 90.95, a current ratio of 1.17 and a quick ratio of 1.10.

Rubicon Minerals Company Profile

Rubicon Minerals Corporation engages in the exploration and development of gold properties in Canada and the United States. The company holds a 100% interest in Phoenix Gold project located in the Red Lake gold district in northwestern Ontario, Canada. It also holds interests in approximately 285 square kilometers of exploration ground in the Red Lake gold district; and approximately 900 square kilometers of mineral property interests in the Long Canyon gold district in the Nevada-Utah border.